Why is Nidhi Granites Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0.05 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 79.78% and Operating profit at 64.99%
3
With a growth in Net Profit of 71.32%, the company declared Very Positive results in Dec 25
- The company has declared positive results for the last 3 consecutive quarters
- PBT LESS OI(Q) At Rs 2.87 cr has Grown at 149.6% (vs previous 4Q average)
- NET SALES(9M) At Rs 48.54 cr has Grown at 39.52%
- PAT(Latest six months) Higher at Rs 3.50 cr
4
Consistent Returns over the last 3 years
- Along with generating 167.44% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
How much should you buy?
- Overall Portfolio exposure to Nidhi Granites should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Nidhi Granites for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Nidhi Granites
165.24%
4.64
36.12%
Sensex
7.23%
0.73
11.73%
Quality key factors
Factor
Value
Sales Growth (5y)
79.78%
EBIT Growth (5y)
64.99%
EBIT to Interest (avg)
1.39
Debt to EBITDA (avg)
2.71
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
2.62
Tax Ratio
22.34%
Dividend Payout Ratio
0
Pledged Shares
40.26%
Institutional Holding
0
ROCE (avg)
9.51%
ROE (avg)
19.59%
Valuation Key Factors 
Factor
Value
P/E Ratio
46
Industry P/E
10
Price to Book Value
12.19
EV to EBIT
32.80
EV to EBITDA
28.27
EV to Capital Employed
12.96
EV to Sales
3.78
PEG Ratio
0.67
Dividend Yield
NA
ROCE (Latest)
26.61%
ROE (Latest)
19.51%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
20What is working for the Company
PBT LESS OI(Q)
At Rs 2.87 cr has Grown at 149.6% (vs previous 4Q average
NET SALES(9M)
At Rs 48.54 cr has Grown at 39.52%
PAT(Latest six months)
Higher at Rs 3.50 cr
ROCE(HY)
Highest at 26.43%
PBDIT(Q)
Highest at Rs 3.33 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 21.41%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Nidhi Granites
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.87 cr has Grown at 149.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 1.15 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Latest six months
At Rs 3.50 cr has Grown at 71.57%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit After Tax (PAT) - Latest six months
Higher at Rs 3.50 cr
than preceding 12 month period ended Dec 2025 of Rs 3.40 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Net Sales - Nine Monthly
At Rs 48.54 cr has Grown at 39.52%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 3.33 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 21.41%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Net Sales - Nine Monthly
Higher at Rs 48.54 cr
than preceding 12 month period ended Dec 2025 of Rs 45.27 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Sales (Rs Cr)






